VME’s U.S. Operating Division Posts Record Quarter

Jul 18, 2018

July 18, 2018 (TYLER, TX) – VME announced record-setting growth and performance for Q2 2018 today for the U.S. Operating Division. The company recorded triple-digit revenue and earnings growth over the same period in 2017 by expanding its customer base and its manufacturing capacity utilization.

Greg Jean, Vice President said, “Our upstream customer needs have shifted toward supply and service of large multi-well pad development programs. Our service platform for fabrication and packaging of well site modules produces significant cost savings and lead time reduction for our clients”.

VME has been providing process equipment to the oil & gas industry worldwide since 1985 and draws on a wealth of both onshore and offshore experience. The U.S. Operating Division specializes in fabrication and packaging of modularized well site facilities. Through a streamlined manufacturing service and inventory management platform, VME provides cost-effective, short-cycle production equipment for multi-well pad developments.

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